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46 Gerard St 19,889 SF 100% Leased Retail Building Huntington, NY 11743 $15,000,000 ($754.19/SF) 5.61% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy traffic.
- 100% occupied.
EXECUTIVE SUMMARY
High traffic strip retail center. 100% occupied!
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$1,068,447
|
$53.72
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,068,447
|
$53.72
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$227,546
|
$11.44
|
| Net Operating Income |
$840,901
|
$42.28
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $1,068,447 |
| Annual Per SF | $53.72 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $1,068,447 |
| Annual Per SF | $53.72 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $227,546 |
| Annual Per SF | $11.44 |
| Net Operating Income | |
|---|---|
| Annual | $840,901 |
| Annual Per SF | $42.28 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
19,889 SF
Building Class
B
Year Built
1988
Price
$15,000,000
Price Per SF
$754.19
Cap Rate
5.61%
NOI
$840,901
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.46 AC
Parking
6 Spaces (0.46 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Chirospa Chiropractic, P.C.
- -
- 500 SF
- -
- -
- Cupcake Gourmet Incorporated
- -
- 500 SF
- -
- -
- Minuteman Press
- -
- 2,800 SF
- -
- -
- Pomodoro
- -
- -
- -
- -
- Village Bagel Cafe
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Chirospa Chiropractic, P.C. | - | 500 SF | - | - | ||
| Cupcake Gourmet Incorporated | - | 500 SF | - | - | ||
| Minuteman Press | - | 2,800 SF | - | - | ||
| Pomodoro | - | - | - | - | ||
| Village Bagel Cafe | - | - | - | - |
Walk Score®
Walker's Paradise (95)
NEARBY MAJOR RETAILERS
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46 Gerard St
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